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United States · Bill · HR

H.R. 1988 (110th)

To establish the Gulf Coast Disaster Loan Refinancing Program.

referredUnited States· United States Congress· EN

Introduced

20 April 2007

Last action

Status

Referred to the House Committee on Small Business.

Sponsors

Subjects

Discovery layer

Source updated

2 January 2025

Summary

Authorizes the Administrator of the Small Business Administration (SBA) to carry out a program to refinance Gulf Coast disaster loans (loans made by the SBA to Gulf Coast small businesses in response to Hurricanes Katrina, Wilma, or Rita) under which the Administrator may provide an option to defer loan repayment for up to four years after the initial disbursement under the original loan was made. Requires the Administrator to disclose the accrued interest that must be paid under the option.

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Documents

3 official files

Introduced in House (text)

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